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Priced at $510,000, this multifamily asset at 221 Robinhood Lane in Bloomington, Illinois, presents a six-unit apartment building for acquisition. The property is situated within a stable residential market in Bloomington, a city that serves as a central hub for insurance and agricultural sectors in the region. This consistent demand from the local workforce supports long-term occupancy for well-managed rental properties in the area. Investors may find this building suitable for a value-add repositioning strategy or as a steady addition to an existing residential portfolio. The six-unit layout allows for efficient property management and operational scalability. Benefiting from the city's accessibility and proximity to regional transit corridors, this asset aligns with the needs of a demographic seeking reliable housing options. Its location provides tenants with access to necessary services and employment centers throughout the Bloomington-Normal metropolitan region.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.